News Focus
News Focus
icon url

boarddork

02/08/19 10:46 AM

#558320 RE: ron_66271 #558262

great breakdown of material assets vs. assets. Thanks !
icon url

jerrylev

02/08/19 3:14 PM

#558371 RE: ron_66271 #558262

Material assets simply mean assets that will make a company or individual rich if he/she owns it.

Non material assets are such as a flag, a belief, a sentiment. etc. for which one cannot sell for money.

What the trust said is that it has nothing in its hand currently that can make money, whether it is pure cash or marketable assets.